whether donald trump sits in a glass tower or sits in the white house, we will not give an inch on this. not now, not ever. okay, let s turn to business, where wall street continues to rearrange its bets in order to benefit from a trump presidency. the dow jones hit an all-time high yesterday, but asian markets are less certain. joining us live from london, carolyn, asian economies stand to lose under one of donald trump s key promises to rip up trade deals, to not go forward with the transpacific partnership. why is there enthusiasm that we ve seen in some asian markets? well, initially there was a lot of bullishness around the world, global stock markets, europe and asia, but you re absolutely right, asian stocks and economies are set to lose if the tpp in asia are going to be ripped up by the trump
its president is totally comfortable being described as a close ally of the united states. mexico has become a core component of a closely intertwined north american economy that is the world s most vibrant regional bloc. many factors led to this transformations, but nafta was chief among them. if something similar would have happened with tpp in asia the effects would be global. the world we live in is one of rising nations but declining global norms. the struggle is on to write new norms, new rules for trade, cybersecurity, intellectual property and much more. let s hope we don t look back 20 years from now when new rules have been written by china and wish we had been more active and assertive when we had a chance. for more go to cnn.com/fareed and read my washington post column this week. and let s get started.
the economic effects of nafta have been heavily debated, but the foreign policy consequences are clear. and clearly positive. re anti-american countries in the world. today, mexico is a country transformed. unambiguously allied with the united states. its president is totally comfortable being described as a close ally of the united states. mexico has become a core component of a closely intertwined north american economy that is the world s most vibrant regional bloc. many factors led to this transformations, but nafta was chief among them. if something similar were to happen with tpp in asia, the effects would be global. the world we live in is one of rising nations but declining global norms. the struggle is on to write new norms, new rules for trade, cybersecurity, intellectual